Sheela Foam Limited has informed the Exchange regarding 'Profile of Secretarial Auditors'.
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Sheela Foam Limited informed the stock exchanges that its shareholders have approved the appointment of M/s. AVA & Associates, Practicing Company Secretaries, as the company's new Secretarial Auditors. The appointment is for a period of 5 consecutive years, covering FY 2025-26 through FY 2029-2030. AVA & Associates is a peer-reviewed and quality-reviewed firm registered with the Institute of Company Secretaries of India (ICSI), established in 2003 and based in New Delhi. The firm specialises in corporate law, SEBI regulations, and FEMA compliance. The disclosure was filed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine corporate governance compliance announcement and is not expected to have any material impact on the stock price or shareholder value. It ensures continuity of secretarial audit oversight for the next five years.